Amid profit taking by speculators, copper futures prices fell marginally by Rs 1.30, or 0.38 per cent, to Rs 342.85 per kg today. Weak trends at the London Metal Exchange and subdued demand for the metal at the physical markets also put some pressure on the copper futures prices. Click here to visit SME Buzz Also Read Related Stories News Now - Rupee hits new 1-month highs; shares eyed - Wall St climbs to 10-week high on energy - Speculation, poor physical market understanding lead to volatility in commodities - Potato rises on high demand in spot market - Soyabean futures improve on global cues - Guarseed futures fell over 1.5% At the Multi Commodity Exchange counter, copper for delivery in August contract fell by Rs 1.30, or 0.38 per cent, to Rs 342.85 per kg, with a turnover of 7 lots. It ended 1.71 per cent higher at Rs 344.15 per kg in the previous session. Similarly, metal for delivery in the month of November shed Rs 1.20, or 0.35 per cent, at Rs 345.45 per kg, with a turnover of one lot. Analysts said besides profit-booking by speculators, weak trend at the London Metal Exchange and subdued demand for the metal at the physical market also led to a fall in copper prices in futures trade here. Meanwhile, copper for three-month delivery traded 1.3 per cent lower at $7,412.25 per tonne after hitting $7,510 yesterday, its highest since April 29.

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